VSE Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Business Segments and Customer Information (Tables)

Business Segments and Customer Information (Tables)

6 Months Ended

Jun. 30, 2013

Business Segments and Customer Information [Abstract]

Our segment information for the three- and six-months ended June 30, 2013 and 2012 is as follows (in thousands):

	Three months					Six months
	2013			2012		2013			2012
Revenues:
Supply Chain Management Group	$	34,957		$	33,701	$	69,722		$	68,533
Federal Group		28,751			35,670		59,260			69,323
International Group		36,239			42,281		71,629			88,045
IT, Energy and Management Consulting Group		19,115			24,019		37,608			49,757
Total revenues	$	119,062		$	135,671	$	238,219		$	275,658

Operating income:
Supply Chain Management Group	$	6,993		$	5,357	$	13,005		$	11,761
Federal Group		2,491			2,907		3,765			4,669
International Group		1,473			1,319		3,166			2,835
IT, Energy and Management Consulting Group		2,492			2,867		3,731			5,948
Corporate/unallocated expenses		(748	)		102		(1,024	)		(168	)
Operating income	$	12,701		$	12,552	$	22,643		$	25,045

Revenue by Customer

Customer Information

Our revenue by customer is as follows (in thousands):

	Three months				Six months
	ended June 30,				ended June 30,
	2013		2012		2013		2012
Source of Revenues
Army/Army Reserve	$	28,161	$	39,574	$	59,754	$	84,807
U.S. Navy		27,745		33,087		53,149		63,040
U.S. Air Force		3,228		3,682		6,407		7,290
Total - DoD		59,134		76,343		119,310		155,137

U.S. Postal Service		34,446		33,317		68,828		67,624
Department of Treasury		9,302		7,517		18,811		16,143
Department of Interior		2,809		4,514		5,544		9,205
Department of Energy		5,214		5,312		10,106		10,552
Other government		7,577		7,921		14,466		15,393
Total – Federal civilian agencies		59,348		58,581		117,755		118,917

Commercial		580		747		1,154		1,604

Total	$	119,062	$	135,671	$	238,219	$	275,658

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details